GOLD 1H ROUTE MAP & TRADING PLAN UPDATE

Hey Everyone,

Another great day with our chart idea update from yesterday playing out perfectly with 2030 hit on market open, as suggested yesterday.

Yesterday we hit our Bullish target followed with the bearish retracement target and then cross and lock confirmed the swing range for the perfect swing into 2030, as highlighted on the chart - BOOOOOOM!!!!!!

We have a few candle body close above 2036 leaving 2040 gap open, which will be further solidified with a ema5 lock above 2036. We will also need to see ema5 lock above 2040 weighted Goldturn level to open the range above.

Rejection at weighted levels will see movement back down to re-test the swing range and second re-tests usually completes the full lower swing range level.

We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.

We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.

BULLISH TARGETS
2030 - DONE
2040 - DONE

EMA5 CROSS AND LOCK ABOVE 2040 WILL OPEN THE FOLLOWING BULLISH TARGET (NO CROSS AND LOCK)
2048
2055

BEARISH TARGETS
2030 - DONE

EMA5 CROSS AND LOCK BELOW 2030 WILL OPEN THE SWING RANGE

SWING RANGE
2015 -DONE
2007

As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!

GoldViewFX

Mr Gold